7 minute read 30 Jan 2023

Potential State Policy Impacts of the 2022 Midterm Elections

7 minute read 30 Jan 2023

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Potential State Policy Impacts of the 2022 Midterm elections (pdf)

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This article was originally published by Tax Analysts. An excerpt is reprinted here with permission.

The 2022 federal and state midterm elections may impact state tax policy in 2023 and beyond.

The 2022 federal and state midterm elections are likely to have state tax policy ramiﬁcations. The widely anticipated “red wave” did not materialize at either level, and despite a challenging economic climate, Democrats had more success at the federal level than the sitting president’s party typically has during midterms. State Democratic candidates made substantial gains in various states but lost ground in others. These results — along with shifts in state supermajority control following 2022 redistricting and ongoing economic uncertainty — will aﬀect not just the state political landscape, but also state tax policy for the foreseeable future.

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Summary

The 2022 midterm election results — including shifts in control of several state legislatures and governorships — will have significant effects on state tax policy in the 2023 legislative sessions and beyond.

About this article

Scott Roberti

By Scott Roberti

EY US State Policy Services Leader

Experienced Tax professional with an informed perspective on state tax policy, fiscal matters and business advocacy strategies.

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Potential State Policy Impacts of the 2022 Midterm Elections

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